9, CHELMARSH CLOSE, REDDITCH, B98 8SQ - £360,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 CHELMARSH CLOSE is a very large detached house of 139m², built sometime between 1983 and 1990, which could now be worth an estimated £480,682. It was last sold for £360,000 in July 2017, which was around 22% above the average July 2017 detached price in the Redditch local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

9 CHELMARSH CLOSE Sold Prices

Land registry data shows one sale for 9 CHELMARSH CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Redditch local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 17 JUL	£360,000	£295,169	22% above HPI

What might 9 CHELMARSH CLOSE be worth now?

9 CHELMARSH CLOSE might now be worth an estimated £480,682.

This is based on house price inflation of 33.5%, between July 2017 and May 2026, for detached houses, in the Redditch local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.5% inflationary increase is applied to the most recent sale price for 9 CHELMARSH CLOSE of £360,000 on 17th July 2017. For the value to have increased from £360,000 to £480,682 over the nine years and two months to May 2026, the following assumptions must hold true:

• The value of 9 CHELMARSH CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The July 2017 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 9 CHELMARSH CLOSE has not materially changed since July 2017.

How Large is 9 CHELMARSH CLOSE?

9 CHELMARSH CLOSE is 139m² according to the EPC inspection conducted in February 2017. This puts it in the largest 20% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 9 CHELMARSH CLOSE lies on this distribution: 80% of detached houses are smaller than 9 CHELMARSH CLOSE, and 19% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

9 CHELMARSH CLOSE: Plot

9 CHELMARSH CLOSE sits on a plot of roughly 0.144 of an acre, or 583m².

Where is 9 CHELMARSH CLOSE?

9 CHELMARSH CLOSE is located in REDDITCH, in the B98 postcode district.